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Amarc Resources Ltd. (OTCQB: AXREF) generates a steady flow of news as it advances multiple porphyry copper-gold exploration districts in British Columbia. Company releases focus on drilling results, project milestones and funding developments across its JOY, DUKE and IKE Cu±Au districts.
A key source of recent news is the JOY District in the Toodoggone-Kemess region of north-central BC. Amarc and its partner Freeport-McMoRan Mineral Properties Canada Inc. have reported the discovery and ongoing expansion of the high grade, near surface AuRORA Cu-Au-Ag deposit, along with work on the PINE and Brenda historical deposits and the TWINS and Canyon discoveries. News items detail step-out drilling, assay results, geophysical surveys and the evolution of JOY into what the company describes as a potential world-class porphyry Cu-Au district.
At the DUKE District in central BC, funded by Boliden Mineral Canada Ltd., Amarc issues updates on district-wide drilling and target generation. Releases describe scout drilling at the JO, C4 and Svea targets, expansion drilling at the DUKE Cu-Mo-Ag deposit, and the use of induced polarization, magnetics and geochemistry to identify additional Cu-Au targets across the 732 km² district.
News from the IKE District covers drilling and technical work at the IKE Cu-Mo-Ag deposit and the higher-grade Empress Cu-Au deposit. Company communications also include corporate updates such as executive appointments and conference participation, as well as commentary on copper and gold market dynamics in the context of electrification and critical minerals strategies.
Investors and observers following AXREF news can expect detailed technical results, updates on earn-in stages with Freeport and Boliden, and ongoing information about Amarc’s exploration progress in British Columbia.
Amarc Resources (TSXV:AHR / OTCQB:AXREF) reported 2025 progress that advances three district-scale copper-gold portfolios in British Columbia: JOY, DUKE and IKE. Key facts: JOY hosts the new high-grade AuRORA discovery and lies within a 630 km2 district; joint-venture AML is 60% Freeport / 40% Amarc with Freeport able to fund a further $75M; partners' staged, non-dilutive agreements can secure up to $200M for Amarc projects, of which ~$81M has been received to date. Amarc executed >$16M of JOY exploration in 2025, Boliden funded ~$30M at DUKE with an option to reach 70% via a further $60M, and IKE saw a nine-hole program confirming historical higher-grade zones. Assays for 12 additional AuRORA holes are pending.
Amarc (TSXV:AHR / OTCQB:AXREF) reported additional 2025 drill results from the AuRORA porphyry Cu-Au-Ag deposit on December 10, 2025, following a 24-hole (9,687 m) 2025 program and a 2024–2025 total of 45 holes (17,586 m).
Key assays expanded AuRORA +100 m to the north (Section 8200N), ~200 m to the east (Section 7900N) and ~300 m to the southeast (Section 7600N). Highlight intercepts include 201 m @ 1.40 g/t Au, 0.28% Cu, 2.6 g/t Ag and 201 m @ 1.38 g/t Au, 0.27% Cu, 1.6 g/t Ag. Further assay results for 2025 holes remain pending.
Amarc (TSXV:AHR / OTCQB:AXREF) reported additional 2025 assay results from the AuRORA porphyry Cu-Au-Ag deposit in the JOY District on November 3, 2025. Six holes on Sections 8000N and 8100N extend the deposit >200 m to the north and confirm continuity of high-grade, near-surface mineralization.
2025 work: 24 holes (9,687 m) at AuRORA (35 holes, 15,349 m across JOY); 2024–2025 total at AuRORA: 44 holes, 17,554 m over ~1 km by 1 km. Key intercepts include intervals up to 231 m @ 0.83 g/t Au, 0.22% Cu and 126 m @ 0.97 g/t Au, 0.32% Cu. Deposit remains open to north, east and west with more assays pending.
Amarc Resources (OTCQB:AXREF / TSXV:AHR) announced executive and technical team participation at three investor conferences in November 2025. Dr. Diane Nicolson, President & CEO will present at the New Orleans Investment Conference (Nov 2-5, Booth #112; presentation Nov 4 at 12:40pm), Precious Metals Summit Zurich (Nov 10-11; presentation Nov 10 at 10:30am) and Deutsche Goldmesse Frankfurt (Nov 14-15; presentation Nov 14 at 4:00pm).
The company noted a completed 2025 drill campaign at the AuRORA porphyry Cu-Au-Ag discovery and other targets in the 630 km² JOY District; assay results are pending. Contact details for meeting requests were provided.
Amarc (TSXV:AHR / OTCQB:AXREF) and Freeport completed the 2025 JOY District drill program focused on expanding the AuRORA copper-gold-silver deposit on October 22, 2025.
Key facts: 15,381 m of core in 35 holes across JOY in 2025; 9,687 m in 24 holes at AuRORA, expanding the tested area to ~1 km by 1 km. Freeport elected Stage 2 and will sole-fund an additional CAD 75 million to earn a further 10% interest; the 2025 work program is funded at CAD 15+ million. Notable prior intercept: 266 m of 1.2 g/t Au and 0.31% Cu (incl. 109 m of 2.41 g/t Au, 0.51% Cu).
Partial assays were released; additional assay batches are expected later this month and over coming months.
Amarc Resources (OTCQB:AXREF) has announced significant drill results from hole JP25098 at its JOY Cu-Au District project. The hole, located 260m southeast of previous drilling, intersected 159m of 0.33% Cu, 0.43 g/t Au and 5.2 g/t Ag.
The discovery is particularly significant as it occurs outside the strong magnetic high that hosts the 2024 AuRORA mineralization, suggesting broader exploration potential across the JOY District. The company has completed 19 deposit step-out holes totaling over 7,000m in 2025, with a fourth drill rig recently added to evaluate other district targets.
The 2025 JOY exploration program, budgeted at CAD +$15M, is being fully funded by Freeport-McMoRan, which owns 60% of the joint venture, while Amarc retains 40% and manages exploration operations.
Amarc Resources (OTCQB:AXREF) announced that Freeport-McMoRan's subsidiary has elected to proceed to Stage 2 of the JOY Mineral Property Earn-in Agreement. Having completed Stage 1's CAD $35 million expenditure requirement, Freeport now holds a 60% stake in Aurora Minerals, with Amarc retaining 40%.
Under Stage 2, Freeport will invest an additional CAD $75 million over 5 years to earn a further 10% interest, with a minimum annual spend of CAD $10 million. The 2025 JOY exploration program, budgeted at CAD +$12 million, is being fully funded by Freeport. While Freeport becomes the Operator, Amarc will manage exploration programs as the primary contractor.
The project's highlight is the AuRORA Deposit discovery, featuring high-grade gold-rich porphyry copper-gold-silver mineralization, with initial drilling yielding 82m at 1.08% CuEQ, including 42m at 1.61% CuEQ from near surface.
Amarc Resources (OTCQB:AXREF) and Freeport-McMoRan have launched a $10 million exploration program for 2025 at the JOY District in British Columbia. The program focuses on drilling at the newly discovered high-grade AuRORA copper-gold-silver deposit, PINE Deposit, and other promising locations.
The company has expanded its JOY District strategic land package through multiple acquisitions: the 44.5 km² Brenda Property option agreement with Canasil Resources, approximately 32% (42.34 km²) of Freeport's PIL Property option, and three additional mineral claims. Historical exploration at Brenda revealed significant mineralization, including an intersection of 78m grading 0.61 g/t Au and 0.10% Cu.
Amarc Resources (OTCQB:AXREF) has appointed Carol Li as its new Chief Financial Officer, effective July 19, 2025. Li, a Chartered Professional Accountant with over 30 years of experience in the resources industry, brings extensive expertise in financial reporting, project financing, and capital markets.
Li succeeds Tom Wilson, who is retiring from his position. Her appointment strengthens Amarc's executive team as the company continues to advance three copper-gold districts in British Columbia.
Amarc Resources (OTCQB:AXREF) has launched a significant $10 million drill program at its 100% owned DUKE Copper-Gold district in central British Columbia. The program, funded by Boliden, will explore multiple copper-gold deposit targets across the 732 km² District.
The company's 2024 exploration program completed 19 scout core holes (5,815 m) at three porphyry Cu-Au deposit targets - JO, C4, and Svea. Notable discoveries include new copper-gold mineralization at the JO Target, with drill hole DKJ24043 returning 71m of 0.13% CuEQ, and at C4 Target, where hole DKC24058 cored 48m of 0.11 g/t Au. At Svea, drilling intercepted 96m of 0.23% CuEQ including a higher-grade interval.
The DUKE District, located 80 km northeast of Smithers, is situated in one of BC's most mineralized porphyry belts and benefits from extensive infrastructure.
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